Well, it was certainly an interesting week last week… From the calm and placid waters as the week dawned, it seems that a switch was flicked on Wednesday and out of nowhere (the catalyst supposedly being poor earnings from some bellwether U.S stocks), volatility picked up and a selling crescendo took place on Thursday in…
When it comes to new businesses, particularly in the technology sector, it seems that analysts and investors on the whole don’t have a clue as to what the right valuation is to apply to them. Finger in the air seems to be as good a mechanism as any! Witness the flotation of Twitter last year……
Watch Zak and Harry Stevenson, Research Analyst at Beaufort Securities, interview Robert Proctor, CEO of AudioBoom on Tip TV.
One of the big conundrums in the resources space is when we shall finally see a sustained return to form for mining stocks. The worst aspect here is that, depending on how you look at this space, we have no right to expect precious metals to drive higher given the deflationary environment in many major…
FTSE 100 Legal & General (LGEN) – Reports a 13% increase in first-half net cash generation, boosted by demand for retirement products. L&G said the reforms introduced to Britain’s annuities market by Chancellor George Osborne in March would help it increase earnings, and that it was developing new retirement products to evolve with the changes.…
This is supposed to be the quiet contemplative part of the English summer – a time for nice long lunches and treating the office to ice cream. Unfortunately, it’s pretty darn noisy in terms of news flow. Gaza, Russia, US GDP expansion, and the Fed warning about rates. But, perhaps the most interesting current tale…
Shares in Africa-focused oil E&P firm Afren (AFR) plunged by more than a quarter last week after it was revealed that it had suspended its chief executive and chief operating officer following the discovery of what it called “unauthorised payments” having been potentially made for the pair’s benefit. In a statement last Thursday, Afren stressed…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Alba Mineral Resources (ABA) July served up a 50 day / 200 day moving average…
FTSE 100 Meggitt (MGGT) – underlying pre-tax profits down by 31% at £143.8 million in the six months to June, dividend up by 8% at 4.25p per share. Has also been awarded a contract by The Boeing Company to design, develop, manufacture and support the fire protection system for the 737 MAX engine and APU.…
Small caps may be where the serious short-term dough can be made, but as ever in the financial markets, increased reward only comes with increased risk. However, traders who have a lower risk profile but are still looking for decent gains could do well in the second half of the year by looking at a…
